TAX LIBRARY: FEDERAL TAX CALENDAR

Here are some key dates for the current tax year.

ACCORDING TO ONE SURVEY, 57% OF AMERICANS SAY THEY PAY TOO MUCH IN INCOME TAXES.

Source: Gallup, 2016.

These figures are for the 2018 tax year. Find your tax rate below.

SCHEDULE X – SINGLE

If taxable income is over:But not over:The tax is:
$0$9,52510% of taxable income
$9,525$38,700$952.50 plus 12% of the amount over $9,525
$38,700$82,500$4,453.50 plus 22% of the amount over $38,700
$82,500$157,500$14,089.50 plus 24% of the amount over $82,500
$157,500$200,000$32,089.50 plus 32% of the amount over $157,500
$200,000$500,000$45,689.50 plus 35% of the amount over $200,000
$500,000no limit$150,689.50 plus 37% of the amount over $500,000

SCHEDULE Y-1 – MARRIED FILING JOINTLY OR QUALIFYING WIDOW(ER)

If taxable income is over: But not over: The tax is:
$0 $19,050 10% of taxable income
$19,050 $77,400 $1,905.00 plus 12% of the amount over $19,050
$77,400 $165,000 $8,907.00 plus 22% of the amount over $77,400
$165,000 $315,000 $28,179.00 plus 24% of the amount over $165,000
$315,000 $400,000 $64,179.00 plus 32% of the amount over $315,000
$400,000 $600,000 $91,379.00 plus 35% of the amount over $400,000
$600,000 no limit $161,379.00 plus 37% of the amount over $600,000

SCHEDULE Z – HEAD OF HOUSEHOLD

If taxable income is over: But not over: The tax is:
$0 $13,600 10% of taxable income
$13,600 $51,800 $1,360.00 plus 12% of the amount over $13,600
$51,800 $82,500 $5,944.00 plus 22% of the amount over $51,800
$82,500 $157,500 $12,698.00 plus 24% of the amount over $82,500
$157,500 $200,000 $30,698.00 plus 32% of the amount over $157,500
$200,000 $500,000 $44,298.00 plus 35% of the amount over $200,000
$500,000 no limit $149,298.00 plus 37% of the amount over $500,000

Source: Internal Revenue Service, 2018

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